1075 Sherman StSumnerMI48889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sumner at 1075 Sherman St, Sumner, MI, 48889 with 5% annual appreciation on a $200,000 basis while $1,958/mo rent supports operations. Total monthly income totals $1,958/mo and a $979/mo payment preserves $639/mo for cash returns. Annual cash flow comes to $7,668/yr on $66,300 deployed, and return on cash invested reaches 31.47% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 11.75%. Five-year ROI measures 165.39% and total cumulative return in cash totals $109,652.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,958/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48889, Sumner, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 622 (100%) |
| Owner Occupied HU | 482 (77.5%) |
| Renter Occupied HU | 102 (16.4%) |
| Vacant Housing Units | 38 ( 6.1%) |
| Median Home Value | $170,089 |
| Average Home Value | $201,748 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
12
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